Virginia Statutes

§ 8.9A-331 — Priority of rights of purchasers of controllable accounts, controllable electronic records, controllable payment intangibles, documents, instruments and securities under other titles, priority of interests in financial assets and security entitlements and protection against assertion of claims under Titles 8.8A and 8.12

Virginia § 8.9A-331
JurisdictionVirginia
Title 8.9ACommercial Code — Secured Transactions
Part 3Perfection and Priority
Subpart 3Priority

This text of Virginia § 8.9A-331 (Priority of rights of purchasers of controllable accounts, controllable electronic records, controllable payment intangibles, documents, instruments and securities under other titles, priority of interests in financial assets and security entitlements and protection against assertion of claims under Titles 8.8A and 8.12) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Va. Code Ann. § 8.9A-331 (2026).

Text

(a)Rights under Titles 8.3A, 8.7, 8.8A, and 8.12 not limited. This title does not limit the rights of a holder in due course of a negotiable instrument, a holder to which a negotiable document of title has been duly negotiated, a protected purchaser of a security, or a qualifying purchaser of a controllable account, controllable electronic record, or controllable payment intangible. These holders or purchasers take priority over an earlier security interest, even if perfected, to the extent provided in Titles 8.3A, 8.7, 8.8A, and 8.12.
(b)Protection under Title 8.8A and 8.12. This title does not limit the rights of or impose liability on a person to the extent that the person is protected against the assertion of a claim under Title 8.8A or 8.12.
(c)Filing not notice. Filing under thi

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Legislative History

Code 1950, § 6-558; 1964, c. 219, § 8.9-309; 1984, c. 613; 1996, c. 216; 2000, c. 1007; 2024, c. 652.

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Bluebook (online)
Virginia § 8.9A-331, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/8.9A/8.9A-331.